DA Davidson Lowers NVIDIA Price Target to $125

Mar 20, 2025 Analyst: Gil Luria 1 min read Reproduced verbatim
Rating
Hold
Price target
$125
from $135
Implied upside
+6%
vs $117.52 prior close
DA Davidson and NVIDIA logos

DA Davidson analyst Gil Luria lowered the price target on NVIDIA (NASDAQ: NVDA) to $125 (from $135) while maintaining a Neutral rating.

“We attended NVIDIA’s Investor Day at GTC in San Jose earlier this morning, and highlight several key takeaways from the Q&A, along with Mr. Huang’s keynote presentation yesterday.

NVIDIA remains focused on delivering superior AI accelerator products at an increasingly faster pace, with the announcement of Blackwell Ultra, while also highlighting the growing opportunity across industries, particularly with AI factories.

That being said, we remained cautious about out year expectations and thus maintain our NEUTRAL rating and lower our price target to $125.”

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Tracking this call

Since this note+104% NVDA $117.52 → $239.24 (Oct 7) · target reached

This call at 6 months✓ Target reached on May 13, 2025, 2 months after the note. At 12 months: reached.

Firm track recordDA Davidson reached 64% of its 22 scored targets within six months (#20 of 31 firms); on NVIDIA, 4 of 7. Accuracy ranking →

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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.